Budget (Income & Expenses) Worksheet

Date:
Income and expenses in the marriage of:

INCOME
These figures are gross earnings per month.
Earnings received on other periods are pro-rated to a monthly figure.
                                         my income          spouse's income
Earnings
Salary and wages
Commissions


Investment Income
Interest from savings
Interest from other accounts
Dividends
Royalties
Rental income
(gross income less cash expenses.
Attach accounting schedule.)

Other Income
Business profits
Pensions
Trusts
From retirement accounts (IRA, KEOGH)
Social Security
Disability & unemployment
Spousal Support
Child Support
Welfare
Contributions from live-in mates
Other:

                                    _________________      ________________
    TOTAL GROSS INCOME

Deductions from gross income:
State income tax
Federal income tax
Social Security or self-employment tax
Health insurance
State disability insurance
Mandatory pension or retirement deductions
Mandatory union dues
Other: (specify)
                                    _________________      ________________
    TOTAL DEDUCTIONS


                                    _________________      ________________
    NET SPENDABLE INCOME
    (Gross less deductions)


EXPENSES
Expenses are per month.
Payments on other periods are pro-rated to a monthly figure.

FIXED EXPENSES


                                past joint        my future     spouse's future
                                 expenses         expenses         expenses
1. Household
Rent or mortgage
Property tax
Telephone
Gas & Electric
Water
Fuel
Garbage service
Cable TV
                         ______________   _____________  _____________
        Sub total
2. Taxes
Federal income tax
(in excess of taxes on pg. 1)
State income tax
(in excess of taxes on pg. 1)
                         ______________   _____________  _____________
        Sub total
3. Insurance
Life
Health & accident
Hospitalization
Fire & Theft
Personal Property
                         ______________   _____________  _____________
        Sub total
4. Payments on debts
Furniture
Appliances
Charge accounts
Credit cards
Personal loans
Christmas / Chanukkah club
Other
Other

                         ______________   _____________  _____________
        Sub total
5. Education for self & kids
Tuition
Room & board
Books
Other
                         ______________   _____________  _____________
        Sub total
6. Transportation
Auto payments
Auto insurance
Auto license
Parking
Commuting to work
Other

                         ______________   _____________  _____________
        Sub total
7. Personal allowance
Self
Child(ren)
Music lessons
Support for parents
Other dependents

                         ______________   _____________  _____________
        Sub total
8. Memberships
Union (beyond amount on page 1)
Professional associations
Clubs
Religious
Other

                         ______________   _____________  _____________
        Sub total

TOTAL FIXED EXPENSES



FLEXIBLE EXPENSES

9. Food
Groceries
Meals out (includes school lunches)


                         ______________   _____________  _____________
        Sub total
10. Household expenses
Cleaning materials
Small home items
Yard care
House cleaning
House maintenance
Repairs
New appliances
New furniture
Home improvements
                         ______________   _____________  _____________
        Sub total
11. Clothing
New clothes for self
New clothes for children
Laundry
Dry cleaning
Repairs
                         ______________   _____________  _____________
        Sub total
12. Transportation
Gas & oil
Auto repair & upkeep
Non-commuting bus or train fares

                         ______________   _____________  _____________
        Sub total
13. Health (not covered by insurance)
Medical
Dental
Drugs & medication
Other

                         ______________   _____________  _____________
        Sub total
14. Personal
Grooming supplies
Barber or beauty services
Snacks
Theater & movies
Baby sitter
Hobbies
Vacation
Magazines
Newspapers
Stationary & postage
Alcohol
Tobacco
Home entertainment
Other

                         ______________   _____________  _____________
        Sub total
15. Gifts (beyond the Christmas/Chanukkah funds, above)
Christmas/Chanukkah
Birthdays
Weddings
Religious celebrations
Anniversaries
Other

                         ______________   _____________  _____________
        Sub total
16. Contributions
Religious
Charity
Schools / colleges
Other

                         ______________   _____________  _____________
        Sub total

TOTAL FLEX. EXP.


TOTAL EXPENSES


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